Member Qualifications

Under the Deferred Compensation Committee's Bylaws, the committee consists of nine voting members:

the Deputy County Manager or designee

the Human Resources Director or designee

the Finance Director or Designee

the Risk Manager or Designee

Five County employees, one appointed by each District of the Board of Supervisors

Members of the committee may appoint an alternate to attend meetings in the event the member is unavailable. Termination of employment of a committee member shall immediately terminate his status as a committee member. Members' terms of office are indefinite. No committee member shall be eligible to vote in any matter pertaining to his/her own participation in the Deferred Compensation Plan.

Duties & Powers

The Deferred Compensation Committee manages the assets of the Deferred
Compensation Plan. It is the intent of the Committee to fulfill its
fiduciary responsibilities solely in the interest of the Plan's
participants and beneficiaries and to make investments permissible by
law for investment of trust funds. The committee:

selects the investment design features of the plan

appoints, monitors, and evaluates the Plan's investment fund managers

monitors Plan costs

through
the Plan administrator, provides general information to Plan
participants regarding procedures and investment options under the Plan.